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Kelly Doyle

kelly@kellydoylehomes.com +1(608) 669-1010

Listed by GeorgeSon Realty, LLC

$599,000

Est. payment - /mo

8 Beds

4 Baths

2,574 SqFt

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Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story

Listing Status Active

Purchase Type For Sale

Square Footage 2,574 sqft

Price per Sqft $232

MLS Listing ID 2035487

Bedrooms 8

Full Baths 4

Year Built 1960

Annual Tax Amount $8,894

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Apartment building,2 story

Property Description

FULLY Occupied! Located on Madison's South Side! This building is all-brick 4-unit offering immediate rental income and low-maintenance upkeep. All four units are already leased through 2027 with long term tenants. The entire building was insulated in 2022 with every unit having its own heating (all furnaces updated in 2022), one designated parking stall per unit (on street parking avaliable), tenants pays for their own electrical, 3 of the 4 units had the water heaters replaced in 2026), water lateral was replaced in 2023, and fully remodel unit 2. Don't miss the opportunity to own this gem.

Location

State WI

County Dane

Area Madison - C W17

Zoning SR-V1

Direction W Badger Rd, Rt on Cypress Way, left onto Magnolia Ln

Rooms

Basement Full, Poured concrete foundatn, Daylight window, Storage area

Interior

Heating Forced air

Inclusions 4 refrigerators and 4 stoves

Heat Source Natural Gas

Exterior

Parking Features 1 space, Outside, Driveway Entrance, Off street, Parking lot, Paved, Shared

Utilities Available Separate elec meters, Separate gas meters, Sewer Included, Water Included

Building

Water Municipal sewer, Municipal water

Structure Type Brick

Schools

Elementary Schools Midvale/Lincoln

Middle Schools Cherokee Heights

High Schools West

School District Madison

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Kelly Doyle

+1(608) 669-1010

Realtor

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918 Magnolia Lane Madison, WI 53713

Kelly Doyle

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOL & BUSINESS

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918 Magnolia Lane